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VIPBitget VIP Weekly Research InsightsOver the past year, the performance of ETH and its ecosystem has been underwhelming, with the ETH/BTC ratio down by 30% year-to-date. However, it's important to note that BTC has faced a monthly-level correction after hitting resistance at $100,000, while Solana's DEX volumes have seen a significant decline. These shifts suggest that capital is starting to flow back into the ETH ecosystem, with whales quietly accumulating assets over the past year. Several promising projects within the ETH ecosystem and on EVM chains are worth highlighting.
VIPBitget VIP Weekly Research InsightsAs the regulatory landscape for DeFi and cryptocurrencies in the United States becomes clearer, top-performing DeFi projects with strong profitability are poised to give their tokens genuine value. This could involve using a portion of their profits for token buybacks or directly distributing profits to token holders. If these proposals are implemented, the valuations of these DeFi projects could experience significant upward adjustments. Early market interest has already emerged, making these projects worth investors' attention.
VIPBitget VIP Weekly Research InsightsLast week, Vitalik Buterin and CZ hosted the DeSci (Decentralized Science) conference at Devcon, where Vitalik unveiled the first DeSci product. CZ also expressed ambitions to see 1000 DeSci products next year, sparking widespread attention to the DeSci concept across the industry. Key speculative projects, RIF and URO, each surpassed a market cap of $100 million. As the sector continues to grow, DeSci remains an area worth close attention.
- 15:19BTC Surpasses $104,000Market data shows that BTC has surpassed $104,000, currently reported at $104,003.52, with a 24-hour increase of 0.46%. The market is quite volatile, so please ensure proper risk management.
- 15:16Casa Co-Founder: The only way to slow down Strategy's accumulation of BTC is for other entities to adopt the same strategy and push it out of the marketJameson Lopp, co-founder of Bitcoin custody company Casa, stated on the X platform that the only way to slow down Strategy's accumulation of Bitcoin is to encourage other entities to adopt the same strategy and push it out of the market. Similarly, the only way to slow down "junk information" within Bitcoin blocks is to encourage more independent use of Bitcoin to increase the price of block space and exclude low-value use cases.
- 15:15Important Events and Data Preview for Next Week: US April CPI Data to be Released on TuesdayImportant Events and Data Preview for Next Week: Monday: Speeches by Federal Reserve Governor Kugler and others; Tuesday: U.S. April CPI data; Thursday: U.S. Initial Jobless Claims for the week; U.S. April PPI data; 2027 FOMC voting member, San Francisco Fed President Daly participates in a fireside chat, Federal Reserve Chairman Powell delivers opening remarks at an event, Federal Reserve holds the second Thomas Laubach Research Conference; Friday: U.S. May one-year inflation rate expectation preliminary value; Saturday: Speeches by Federal Reserve's Barkin and Daly. (Jin10)